2006-10-08 16:48:42 · 5 answers · asked by Anonymous in Sports ➔ Auto Racing
It has been estimated that Michael Schumacher grosses well over $100,000,000. (US) per year. He has a very lucrative drivers contract with Ferrari, and he actually owns the Ferrari cars that he drives. His endorsement income is said to be more than his driving contract. He has been at this many years and has invested his money well. No doubt, his net worth grows every year based on the appreciation and income yield of his investments.
Some experts estimate his total worth at well over one billion US dollars.
2006-10-09 03:11:04 · answer #1 · answered by exbuilder 7 · 9⤊ 0⤋
don't know but I was so stoked when his engine failed in Japan. How sweet it will be when he loses the championship to Alonso in two weeks and he's not around next year anymore. Maybe Kimi will bring that Ferrari home in 2007. Tschüà Shumi!
By the way, I think he makes around 40 mil per season, double that with endorsements.
2006-10-08 23:54:00 · answer #2 · answered by blackratsnake 5 · 0⤊ 1⤋
I seriously doubt anyone except Michael, his wife and Willy Weber (his manager) know the extent of his assets. He's not a public company and he doesn't have to reveal them to anyone.
2006-10-09 01:14:45 · answer #3 · answered by Gregnir 6 · 0⤊ 1⤋
It's to bad his Ferrari let him down, I would have like to see him go out like he is, a true champion !
He's got more money than He can ever spend :) :)
2006-10-09 00:30:12 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Substantial.....
It's common knowledge that he actively cheats on his tax returns as much as he does his fellow drivers on the track!!!!
As usual, he gets away with it though, causing suffering in his wake....Still, he's above all that and doesn't care!!!!
2006-10-12 11:15:04 · answer #5 · answered by b-b-b-brengun 2 · 0⤊ 1⤋